5 Things to Know Before Buying a Mutual Fund


2. Analyse the Fund’s Objective and Investment strategy

One of the most prime factors is to check out the right fund according to your needs, that is whether the objective of the mutual fund matches your need or not. The fund may seek long term like capital growth or income, and this may not suit your requirements. Thus the suitability of the funds’ objectives with your needs has to be considered before any investment. And also look for funds which have manager tenure of more than 3-5 years, as the manager is just like a coach of a basketball team.